It is essential for every company to understand the fundamental principles of competition law—and to apply them whenever making decisions regarding strategy, pricing policies, distribution channels, and other business matters. An internal compliance policy (governing legally compliant behaviour) can help managers and employees avoid violations. However, this policy must be tailored to each individual company.
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Topic
Compliance
Effective and efficient compliance systems have now become standard practice in many German companies. The tools used are as diverse and tailored to individual needs as the companies themselves. But there is still much to be done: Companies must monitor the quality of their compliance systems, and policymakers must optimize the legal framework. Only in this way can a fair system emerge that ultimately benefits society as a whole.
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